Pamplin College of Business
Overview
Virginia's largest undergraduate business school, Pamplin College of Business is committed to outstanding teaching by full-time faculty who are nationally recognized in theoretical and applied research. The Pamplin College is further committed to being known for its graduate programs throughout the Commonwealth, and to serving business and society through the expertise of its faculty, alumni, and students. Newly retired Dean Richard E. Sorensen has said, "The Pamplin College, as a center for excellence, is an academic generator of high quality applied and theoretical research that translates into teaching superiority and practitioner applications for all its audiences." Our emphasis is on: Enhancing the high quality of our undergraduate programs; providing a high quality MBA program at locations throughout the Commonwealth; raising the research and scholarship reputation of the faculty; integrating the computer and technology into the academic curriculum; developing the leadership skills and ethical values of our students; preparing students for global business challenges, including providing opportunities for global experience before graduation; enhancing our commitment to diversity; heightening our level of service to the business community through the research and expertise of faculty, students, and graduates; and enhancing the quality of the Ph.D. program. The college regards diversity as a source of strength and pride. Building upon this commitment, the college affirms the following principles: The curriculum includes a broad liberal education foundation of two years, followed by a college core in the fundamentals of business theory and, finally, concentration in the major. The college offers majors in: Academic advising in the college parallels the two layers of the curriculum. Through the sophomore year, all students are advised in Pamplin Undergraduate Programs, 1046 Pamplin Hall. Following students' clearance for upper-division course work and declarations of their majors, students are assigned faculty advisors from their majors. Undergraduates are strongly encouraged to participate in the out-of-class activities of the college, particularly the annual career fairs in September and February; the placement seminars, and registration meetings held each semester; the ethics and leadership seminars; college international programs and study abroad; and the various events of the 27 different student clubs in the college. These programs provide critical insights into the careers for which students are preparing and valuable opportunities for leadership. The college is a member of The Association to Advance Collegiate Schools of Business, AACSB International. All programs are accredited by the AACSB. In addition the ACIS program has an additional accreditation from AACSB: AACSB Accounting Accreditation. General Requirements for GraduationA minimum of 125 semester hours is required for graduation in each curriculum. The student must have an overall average GPA of 2.0 ("C") on all work attempted and in the courses in the major. To ensure credit, a student desiring to take courses at another institution must secure approval of the associate dean for undergraduate programs of the Pamplin College before registering for the course at the other institution. Acceptance of work completed at junior or community colleges is limited to those courses offered at the freshman-sophomore level at Tech. General university limitations on acceptability of transfer credit are shown elsewhere in this catalog. Program for First Two YearsAll students in business generally take the same required courses for the first two years. A major within the college may be selected at any time during the first two years, but must be selected by the end of the semester in which the student attempts 72 semester hours. Because Economics is an unrestricted major within the College of Business, students in ECON who did not enter the university as BUS or ECON, must apply if they wish to change into ACIS, BIT, FIN, HTM, MGT, and MKTG. Students must have a GPA of 2.0 or better in the combined series in accounting and information systems, business information technology, economics, and mathematics with no grade less than C- in the nine designated courses in these departments; have an overall GPA of 2.0 or better for all course work; and have earned at least 60 semester hours before enrolling in junior business courses.
College Requirements for Second Two YearsRegardless of major selected, the following core courses are required of all business students:
All of these courses must be completed prior to taking the capstone course, MGT 4394, with the exception of FIN 3055. Center for Leadership Studies and Leadership MinorsThe Center for Leadership Studies coordinates leadership programs across campus including the Corps of Cadets Center for Leader Development, the Department of Management's Business Leadership Center, and other leadership activities organized by the Pamplin College of Business, Student Affairs, and Interdisciplinary Studies. Currently, the college administers two minors: the Virginia Tech Corps of Cadets minor in leadership studies and the Department of Management Business Leadership minor. For more information on the 18-credit Corps of Cadets minor in leadership, see the material in the ROTC section of the catalog or contact the Center for Leader Development, 540/231-7136. The 18-credit Business Leadership minor is open to students in all majors who have at least a 2.50 overall GPA at Virginia Tech. It includes required courses in management theory and leadership practice, ethical leadership and corporate social responsibility, and advanced skills in leadership; elective courses from business, communication, humanities, and sociology; and a required leadership experiential activity. For additional information, contact Ms. Lorraine Borny, Business Leadership Center, 540/231-2604. International Business MinorSophomores, juniors, and seniors in the Pamplin College who have at least a 2.0 overall GPA are eligible for the International Business minor of 18 semester hours of course work and an international experience. The required course work includes: a) MGT 3314 International Business; b) three courses from ACIS 5034 Global Issues in Accounting and Information Systems; BIT 4474, Global Operations and Information Technology; HTM 4454 Hospitality Marketing Management; Finance; FIN 4144, International Financial Management; MGT 4314, International Management; and MKTG 4704, International Marketing; and c) six additional semester hours from a list of international courses in five colleges. Additionally, a student must have passed at least four years of a foreign language in high school. If a student does not meet the language requirement, a student may take additional language courses at the college level to satisfy the requirement. The required international experience may be met with study abroad, international internships, co-op assignments at multinational corporations, and living abroad. To facilitate the international experience requirement, Pamplin offers summer study abroad trips which generally involve six semester hours of credit toward the degree and minor, as well as winter-break and semester-long study abroad programs. Applications for this minor are available in 1046 Pamplin Hall. Minor in BusinessStudents with majors outside Pamplin may apply for a minor in business if they have competitive grades in required courses, a minimum 2.0 overall GPA on at least 24 semester hours at Virginia Tech, if they have completed Math 1525-1526 or its equivalent, and if they have at least a C- in any ACIS, BIT, ECON, FIN, MGT, or MKTG, course which they have taken. The minor consists of 27 semester hours of lower division course work which must be successfully completed before taking the 15 semester hours of upper division courses. Applications are available in 1046 Pamplin. The lower division requirements are ACIS 1504, Introduction to Business Information Systems; ACIS 2115-16, Principles of Accounting; BIT 2405-06, Quantitative Methods; ECON 2005-2006, Principles of Economics; and MATH 1525-26, Calculus with Matrices, and the upper division courses are: BIT 3414, Production and Operations Management, or BIT 4414, Service Operations Management; FIN 3055, Legal Environment of Business; FIN 3104, Introduction to Finance; MGT 3304, Management Theory and Leadership Practice; and MKTG 3104, Marketing Management. In order to complete the minor in business, students must have a 2.0 GPA in the 15 semester hours of upper division courses. Real Estate MinorSophomores, juniors, and seniors in any major with at least a 2.0 overall GPA and with a 2.0 average in any real estate minor courses already taken may apply for a real estate minor. Coordinated in Pamplin, this minor of 19 semester hours includes courses from five different colleges and is administered by a steering committee of faculty from those colleges. The 13 semester hours of required courses include: AAEC 4754 and 4764, Real Estate Law and Real Estate Appraisal; FIN 4154, Real Estate Finance or MKTG 4734, Real Estate Marketing; and UAP 4744, Principles of Real Estate (4 sem. hours). The additional two courses may be taken from a list of nine designated electives in AAEC, AHRM, BC, FIN, MKTG, and UAP. Pamplin College of Business students in the minor must take both FIN 4154 and MKTG 4734, and select one additional course. Applications are available in 1046 Pamplin Hall. Business Diversity MinorThe 18 credit Business Diversity Minor is open to students in all majors across the campus. This minor will help students understand the organizations in which they will work and the world in which they will live. It includes required courses in Management and additional course choices from Marketing Management, Hospitality & Tourism Management, Finance, and electives from 12 different departments across campus. In order to develop diversity-related awareness, knowledge, and skills, students are required to participate in a diversity-related internship or field study. To apply, students may obtain an application from 1046 Pamplin or on-line at www.diversity.pamplin.vt.edu. For more information, please contact Ms. Lorraine Borny at lcborny@vt.edu or 540-231-6353. Applied Business Computing
The 18-19 credit Applied Business Computing minor is open to students in all majors across the campus. This minor will help students gain better understanding of the web and systems design. It includes courses in Accounting and Information Systems, Business Information Technology, Computer Science, and Engineering. To apply students may obtain an application from the ACIS department. For more information, please contact the ACIS department at 540-231-6591. Cooperative Education Programs in BusinessThe college participates in the Cooperative Education Program in which qualified students may alternate semesters of study in the major with semesters of professional employment. Additional information pertaining to the program is included in the "Academics" section of this catalog. Graduate Programs in BusinessGraduate instruction and opportunities for research are offered to students who have bachelor's degrees from accredited colleges. The college offers the Master's of Business Administration, and master's and Ph.D. degrees in all departments. All graduate students are required to attain a satisfactory score on the Graduate Management Admission Test (GMAT). Preparation for LawThe four-year course leading to the B.S. degree in any major in the college provides a sound preparation for law school, and pre-law advisors from the Pamplin faculty are provided. EconomicsEconomics is offered as a major through both the Pamplin College of Business and the College of Science. Both an honors degree and a minor in economics are also offered in the College of Science. Students in either college take the same economics courses, but the college core requirements differ. For economics faculty and course descriptions, visit Economics in the College of Science. Undergraduate Course Descriptions (BUS)2984: SPECIAL STUDY 3974: INDEPENDENT STUDY
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